Australia Breaking News

Alkane Resources (ASX:ALK) produced 40,740 gold-equivalent ounces during the September quarter.

Michael Hurlston, CEO of Lumentum, says the optoelectronic products his company produces for AI infrastructure projects are effectively "sold out" through nearly 2029, driven by surging demand from technology companies. He discusses the business outlook and global demand for AI, speaking exclusively with Shery Ahn on "Bloomberg: The Asia Trade".

Tennant Minerals (ASX:TMS) has commenced a new diamond drilling programme to test extensions at its high-grade Bluebird copper-gold discovery.

Electro Optic Systems (ASX:EOS) signed a £370 million contract to supply nationwide counter-drone defence technology to a Middle Eastern Gulf state.

Albion Resources (ASX:ALB) has officially commenced reverse circulation drilling at its 100% owned Gidgee Gold Project.

AXP Energy (ASX:AXP) signed an agreement to acquire seven oil wells and 400 acres in Oklahoma for US$225,000.

DPM Metals (ASX:DPM) achieved preliminary production of 97,000 gold-equivalent ounces during the third quarter ended Sept. 30.

Meeka Metals (ASX:MEK) increased preliminary gold output to 7,237 ounces for the September quarter at the Murchison Gold Project.

Lifestyle Communities (ASX:LIC) reported a 22% decline in new home sales for the quarter ended Sept. 30 as Victorian property market activity slowed.

Firmus has withdrawn its application for an $8 billion initial public offering on the ASX due to adverse market conditions.

Guzman y Gomez (ASX:GYG) announced its first-quarter financial results for FY27, achieving network sales of $387.5 million.

Torque Metals (ASX:TOR) has secured $25 million in firm commitments from institutional investors to accelerate exploration at its Ritz Gold Project.